Global Coronary Atherectomy Devices Market
Medical Equipment

Global Coronary Atherectomy Devices Market Opportunities And Strategies 2023

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s coronary atherectomy devices market report forecasts the coronary atherectomy devices market size to grow to $0.28 Billion by 2027, with a CAGR (compound annual growth rate) of more than 8%.

Learn More On The Coronary Atherectomy Devices Market Report 2023 – https://www.thebusinessresearchcompany.com/report/coronary-atherectomy-devices-global-market-report

Coronary Atherectomy Devices Market Size Forecast
The global coronary atherectomy devices market is expected to grow from $0.18 billion in 2022 to $0.2 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The coronary atherectomy devices market is expected to grow from $0.28 billion in 2027 at a CAGR of 8.5%.

North America held the largest coronary atherectomy devices market share.

Key Coronary Atherectomy Devices Market Driver ­– Increase In The Prevalence Of Cardiovascular Diseases
For instance, according to the Centers for Disease Control and Prevention, in 2020, heart diseases causes 697,000 deaths. It is a group of disorders of the heart and blood vessels and includes cerebrovascular disease, rheumatic heart disease, coronary heart disease, and other conditions. According to the British Heart Foundation, 2020, Coronary Heart Disease is responsible for around 64,000 deaths in the UK each year, an average of 180 people each day, or one death around every eight minutes. One in seven men and one in twelve women in the United Kingdom die from coronary heart disease. Therefore, increasing the prevalence of cardiovascular diseases is expected to drive the growth of the global coronary atherectomy devices market.

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Key Coronary Atherectomy Devices Market Trend – Strategic Partnerships And Collaborations
Large coronary atherectomy equipment market manufacturers are strategically partnering and collaborating with start-ups and mid-sized companies to broaden products and services. For instance, in 2021, Cardiovascular Systems, Inc. has announced the acquisition of peripheral support catheters from Wavepoint Medical LLC with an undisclosed amount. This acquisition helps Cardiovascular Systems, Inc., based in St. Paul, Minn., is a medical device company operate on developing and commercializing creative solutions for treating vascular and coronary disease.

Coronary Atherectomy Devices Market Segment
1) By Product: Directional Atherectomy Devices, Orbital Atherectomy Devices, Photo-Ablative Atherectomy Devices, Rotational Atherectomy Devices, Other Products
2) By Application: Peripheral Vascular, Cardiovascular, Neurovascular
3) By End User: Hospitals & Surgical Centers, Ambulatory Care Centers, Research Laboratories & Academic Institutes

Coronary Atherectomy Devices Market Major Players and Strategies
Major players in the coronary atherectomy devices market are Boston Scientific, Philips, Cardiovascular Systems, Spectranetics, Medtronic, Avinger, BIOTRONIK, Arterial Remodeling Technologies, Atrium Medical, and B. Braun Melsungen.

In July 2020, BD (Becton, Dickinson and Company), a US-based medical devices company, acquired Straub Medical AG for an undisclosed amount. The acquisition would allow BD to extend its offerings in the fields of thrombectomy and atherectomy and strenhthen its portfolio in stents, stent grafts, angioplasty and scoring balloons. Straub Medical AG is a Switzerland-based developer of medical atherectomy and thrombectomy devices.

The Coronary Atherectomy Devices Global Market Report 2023 covers regional data on coronary atherectomy devices market size, coronary atherectomy devices market trends and drivers, opportunities, strategies, and coronary atherectomy devices market competitor analysis. The countries covered in the coronary atherectomy devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Coronary atherectomy devices are used to remove atherosclerosis from coronary blood vessels. Atherectomy devices were developed to permit drilling, grinding, or sanding of atheroma, calcium, and excess cellular material from the site of coronary occlusion or stenosis.

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